Markets

Gold Prices in Sri Lanka on July 26, 2024

As of July 26, 2024, gold prices in Sri Lanka are as follows:

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Business

Sri Lanka Reviews 100 Vehicle Import Applications to Boost Tourism

Sri Lanka has received around 100 applications for permits to import vehicles to support the tourism industry, according to Somarathne Vidanapathirana, Secretary of.

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Business

Central Bank Lowers SDFR and SLFR by 25 Basis Points

The Monetary Policy Board of the Central Bank of Sri Lanka has announced a reduction in both the Standing Deposit Facility Rate (SDFR).

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Economics

CEB Cuts Tariffs Due to Lower Generation Costs, IPP Payments Unaffected

Fitch Ratings-Colombo/Singapore-25 July 2024: Despite a 22.5% tariff cut effective from 16 July 2024, Ceylon Electricity Board’s (CEB, BB+(lka)/Stable) cash flow will remain.

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Economics

Bakery Owners Anticipate Bread Price Reduction Announcement

The All Ceylon Bakery Owners’ Association (ACBOA) is set to announce a potential reduction in the price of bread tomorrow (26th). The association’s.

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Tourism

Laos Grants Visa-Free Travel to Sri Lanka and 51 Other Countries

For the first time, Laos has granted visa-free travel access to Sri Lanka, along with 51 other countries, in an effort to boost.

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Business

Sri Lanka RAMIS to Utilize NIC for Tax Collection, Seeks IT Partner

A ministerial sub-committee’s report on the ‘Effective RAMIS System Utilization’ has recommended using the national identity card (NIC) to identify individuals for tax.

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Economics

SJB to Back Public Finance Law, Opposes Economic Transformation Bill

Sri Lanka’s main opposition party, the Samagi Jana Balawegaya (SJB), has conditionally expressed support for the Public Finance Management Bill but opposes the.

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Investing

Oneroad Group DMCC Explores Sri Lanka Investment Opportunities

A 12-member delegation from Oneroad Group DMCC Dubai, a prominent global investment consortium, concluded a fruitful visit to Sri Lanka from July 7-14,.

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Finance

NDB Bank Empowers Tech Professionals with Financial Mastery Workshop

NDB Bank recently hosted a transformative financial mastery workshop aimed at empowering tech professionals with crucial financial skills. Held on July 12th at.

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